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Insiders now aggressively bearish
Market Watch ^ | 6 February 2013 | Mark Hulbert

Posted on 02/06/2013 12:51:08 PM PST by MeneMeneTekelUpharsin

This is worrisome because corporate insiders — officers, directors and the largest shareholders — presumably know more about their companies’ prospects than the rest of us do. If they were confident that the shares of their companies would soon be trading markedly higher, they wouldn’t be selling them now.

Yet selling they are — at an alarming pace.


To be sure, insiders have been selling heavily for several weeks now, and the market has continued to rise — including the Dow’s eclipsing of the 14,000 level in recent sessions. This surprising strength in the face of insider selling has prompted a number of you to inquire how unusual it is for the insiders collectively to be such poor market timers.

(Excerpt) Read more at ...

TOPICS: Business/Economy; News/Current Events
KEYWORDS: insiders; selling; stocks; wallstreet
Some entity is pumping up the market so these guys can sell at reasonable prices. Any small fry buying now is going to be a bagholder.
1 posted on 02/06/2013 12:51:12 PM PST by MeneMeneTekelUpharsin
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To: MeneMeneTekelUpharsin

Sounds like the old “pump & dump” of the early 2000s.

It’s all a game that would put Vegas to shame.

Got out of the market years ago and ain’t gonna go there again.

2 posted on 02/06/2013 1:00:28 PM PST by DH (Once the tainted finger of government touches anything the rot begins)
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To: MeneMeneTekelUpharsin

Some entity is probably the Fed.

3 posted on 02/06/2013 1:12:50 PM PST by ConjunctionJunction
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To: DH
Got out of the market years ago and ain’t gonna go there again.

If you think that way, then I and no telling how many others do too. So, WHO is buying stocks?

4 posted on 02/06/2013 1:33:41 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

Government pension investing.

5 posted on 02/06/2013 1:38:46 PM PST by Varsity Flight (Extortion-Care is the Government Work-Camp: Arbeitsziehungslager)
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To: MeneMeneTekelUpharsin

So, WHO is buying stocks?

That’s the one really knows and that’s the reason I stay out.

For many years I have suspected the PPT (Plunge Protection Team) run by the Treasury and I believe that seriously.

The average investor buys and sells during the day. Machines buy and sell at night. The next morning after the opening bell the average investor (if he knows anything) types the URL of his stock trading company with white knuckles anticipating what happened overnight. Even investors of color have white knuckles in the morning. While they were sleeping the machines were grinding. When the market opened in the morning they either lost a bunch or gained a bunch for they are totally at the mercy of the machines.

Another thing to notice is the market about closing time. If it’s been a bad day most of the day, suddenly the market surges in the last hours of trading. If it’s a really good day the market is either level or going down in the final hours of trading. Why? Only the PPT knows.

Stocks are not valued at their potential earnings or profits, they are bought upon pure speculators in a feeding frenzy that will in turn make many think they are “going to miss the train” if they don’t buy now. Consequently the stock shoots up and then does a Swan dive. Then the Shorts come in and clean up as the share value falls...and the cycle starts all over again.

It’s all “bait and switch, Smoke and mirrors” and only the insiders know the game plays to come.

We are in the worst financial situation since the Great Depression...maybe even far worse...since we can’t really get a true report on the economy due to politics and a complicit media. In any case buy tangible assets, not paper or promises. Prepare for the worst my FRiend.

6 posted on 02/06/2013 2:04:44 PM PST by DH (Once the tainted finger of government touches anything the rot begins)
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To: DH

Where is the selling money then going?
Once you sell what do you do with the proceeds?

7 posted on 02/06/2013 2:15:05 PM PST by tbird-james
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To: tbird-james

Send it to Obama:o)

8 posted on 02/06/2013 2:21:32 PM PST by mtnwmn (Liberalism leads to Socialism)
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To: DH
Well.....a lot to digest here.

I bought some stocks today...and sold some too.

After hours trading does happen...and I've participated in it. But it's low volume..

If you pay attention...many times at the end of a bad market day...buyer's come in. Thinking there are good buys out there. Oversold situations. Pretty much normal human thinking.

Speculating is part of the game. Always has been...and won't change.

Shorting is part of the game. Nothing more nothing less.

I've some guesses about your past history in the market. Been there done that.


9 posted on 02/06/2013 2:31:15 PM PST by Osage Orange (MOLON LAVE)
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To: Osage Orange

No matter the market conditions, there will be winners and losers. Someone will make money and someone will lose money.
In macro terms, if people are flooding into the DOW, I start to think defensively. Timing is everything. Right now, my portfolio (as modest as it is), is 30% aggressive, 70% risk-averse. I will probably keep it that.

I bought a decent amount of gold and silver in 2007. I wish I had bought more because I could have retired early. Easiest tripling of value I ever had.

10 posted on 02/06/2013 3:14:11 PM PST by 3Fingas (Sons and Daughters of Freedom, Committee of Correspondence)
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To: MeneMeneTekelUpharsin

The chineese are buying our dow...they also would like to nationalize some of the land they own exchange for some of our debt.....of course there are a few minor snags the Obama admin is trying to work out..the constitution is an ongoing problem the 2A has got to go the chins wont make the deal with the population armed.....In the last 3 wks the chins have sworn to back thier currency with gold...and the ruskies are destributing gold ans silver coinage in exchange for their paper...the exchange is manditory....

oh well gltu

11 posted on 02/06/2013 5:06:41 PM PST by Therapsid (Communism has killed 50-60 Million people in only 50 yrs.)
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